This week we welcome back guest writer Hillary Vaillancourt to talk about keeping your expenses in order as a law student.
With the frequent use of online banking, it’s easy these days to put our finances on autopilot. We create automatic payments for our bills. We get billing statements sent to inboxes and probably move them directly to the trash without even opening them. In short, we’re not paying attention to our money or our budget.
That can be a big problem down the road. As a law student (especially if you’re going to law school straight from undergrad), you probably aren’t worried yet about buying a house or perhaps getting a business loan to open your own practice.
There are numerous expenses and financial goals that can be impacted by poor financial habits in law school.
Trust me, I understand how completely time-consuming law school can be. Sometimes I feel like I’m still briefing cases, and it’s been more than ten years since I was in law school! However, your future is waiting for you. It’s important to establish good financial habits now before you start making the big lawyer dollars later.
Here’s how to manage your money now to set yourself up for success later.